St no surrender

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2016 Dear experts,
One of client has taken ST NO in november 2012 however he is providing service in brand name therefore Ssi exemption is not available to him, since registration he has filled only nil return also he has not paid any ST till date, now he want to surrender the ST no. Plzz let me know can it be done and if i do so then the dept. May ask to produce the bill, books of accounts etc or not plz clarify the consequence for the same.....

Thanx & Regard
Anil Rawat

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 January 2016 You are providing service in the brand name are you remitting service tax.
For surrender of ST No. login to ACES and click REG>Surrender and select the ST No. and fill the form. Submit the form and take a print out and send it along with original ST 2 to your jurisdictional service tax office.
Audit team of service tax dept will visit your premises and check the records.

Querist : Anonymous

Querist : Anonymous (Querist)

03 January 2016 sir, is it mandatory ST audit team will visit our permises and varify the record....

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 January 2016 It is not mandatory but based on information/turnover audit team visit your premises.

Querist : Anonymous

Querist : Anonymous (Querist)

03 January 2016 sir, actually my client had obtained ST No. in december 2012, and he is providing service in brand name therefore 10 lacs benefit is also not available to him. however since obtaining ST No. we have filled only nil ST return also he has not remit any ST to govt yet, in this condition if i want to surrender the ST. No, then what can be consequence while surrending the ST. No. also clarify ST audit team may visit our permises or not.. plzz guide....

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 January 2016 If you are closing the business surrender ST No. else pay service tax. I have no idea on audit team visit.

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